Search found 53 matches

by IPS&IPA
Wed Mar 13, 2019 10:06 am
Forum: Personal Consumer Issues
Topic: Vacation Home: Own vs. Rent??
Replies: 42
Views: 4170

Re: Vacation Home: Own vs. Rent??

I owned a vacation home an hour from home and we loved it, at first. Then we wanted to try out other things and rented out the vacation home, bad experience! Then I added up the expenses for our 250k vacation home and it ran around 6k a year. Then we sold our vacation home for about what we paid cas...
by IPS&IPA
Wed Mar 06, 2019 1:26 am
Forum: Personal Finance (Not Investing)
Topic: How the Fed calculates household's Net Worth
Replies: 99
Views: 6862

Re: How the Fed calculates household's Net Worth

willthrill81 wrote:
Tue Mar 05, 2019 10:47 pm
whodidntante wrote:
Tue Mar 05, 2019 8:58 pm
willthrill81 wrote:
Tue Mar 05, 2019 6:30 pm

Image
Another satisfied Edward Jones client.
"Their AUM fee was only 2%!"
That bus is worth a LOT of $$$ here on the west coast
by IPS&IPA
Tue Mar 05, 2019 10:01 pm
Forum: Personal Consumer Issues
Topic: Permits for patio?
Replies: 11
Views: 1316

Re: Permits for patio?

I live in an area where it seems the county wants a permit for just about anything. It's also in an area where almost nobody bothers with one for small jobs because they are expensive and such a hassle. The inspections are mostly to collect fees and limit the county's responsibility. We live in a ru...
by IPS&IPA
Sun Mar 03, 2019 7:21 pm
Forum: Investing - Theory, News & General
Topic: Bonds in taxable calculation
Replies: 9
Views: 822

Re: Bonds in taxable calculation

Triple digit golfer wrote:
Sun Mar 03, 2019 1:51 pm
Option 1: Bonds in tax-deferred, stocks in taxable.
this one
by IPS&IPA
Sun Mar 03, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: Where to move? Advice sought
Replies: 12
Views: 1456

Re: Where to move? Advice sought

EDIT: except when its too hot, then you're screwed as all the layers are off an there's nothing to be done. I learned this when we were camping at the bottom of the grand canyon and it was 120F. That's when the river becomes the cooler place to be. Tucson is hot as hades in summer and getting warme...
by IPS&IPA
Sun Mar 03, 2019 6:03 pm
Forum: Personal Consumer Issues
Topic: Where to move? Advice sought
Replies: 12
Views: 1456

Re: Where to move? Advice sought

Tucson
Best of the lot if LCOL and relaxed environment are a consideration.
by IPS&IPA
Sun Mar 03, 2019 5:53 pm
Forum: Personal Consumer Issues
Topic: Why do you live where you live?
Replies: 134
Views: 9747

Re: Why do you live where you live?

Just out of high school I travelled a bit and met a girl.
I fell in love with her and fell in love with where she was from.
She is long gone but I still love where I live.
Had nothing to do with opportunity, I would never live somewhere I didn't love.
by IPS&IPA
Sat Mar 02, 2019 11:47 pm
Forum: Personal Investments
Topic: Lots of cash .. Scared to put it to work now
Replies: 207
Views: 19157

Re: Lots of cash .. Scared to put it to work now

I believe the danger of moving out of cash into equities is not the investment but rather your commitment to staying the course. The investment will rise and fall, maybe down at first but will eventually grow. However, if you are not prepared to see a lower value and might sell in a panic then you n...
by IPS&IPA
Sat Mar 02, 2019 8:53 pm
Forum: Personal Consumer Issues
Topic: Red Wine question
Replies: 29
Views: 3304

Re: Red Wine question

This thread reminds me of the question of if a plane crashes on the exact border of two countries, where do you bury the survivors.
by IPS&IPA
Fri Mar 01, 2019 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: When were you convinced that you had more than enough money?
Replies: 117
Views: 12573

Re: When were you convinced that you had more than enough money?

flyingaway wrote:
Fri Mar 01, 2019 2:05 pm
Somehow we will be taken care of even if we run out of money.
I have not seen any seniors dead on the streets yet.
[ quote fixed by admin LadyGeek]

Obviously you haven't spent any time in large urban downtown area with many homeless living under freeway overpasses.
Lots of seniors there.
by IPS&IPA
Fri Mar 01, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: BH could you live off your SS benefit?
Replies: 141
Views: 8050

Re: BH could you live off your SS benefit?

My wife and I could easily live off both our SS income if we so choose. We have always lived this way, below our means. Our SS benefits are on the larger side of average. The hard part would be if our SS was a much lower amount as many retires are getting or will be getting. My assumption is that pe...
by IPS&IPA
Fri Mar 01, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: Things to do in and around San Diego
Replies: 33
Views: 1946

Re: Things to do in and around San Diego

Great ideas! Thank you. Any recommendations for a nearby community just outside San Diego to stay. Will probably do VRBO or airbnb. I guessing you mean outside of 'downtown' San Diego. San Diego as a city has a huge footprint so staying outside means another city just like San Diego or way far away...
by IPS&IPA
Fri Mar 01, 2019 12:48 am
Forum: Personal Finance (Not Investing)
Topic: House Cost Basis Questions
Replies: 30
Views: 1629

Re: House Cost Basis Questions

Nearly A Moose wrote:
Thu Feb 28, 2019 9:22 pm

Can the following be added to my cost basis?
--Electrical heavy-up
What is '--Electrical heavy-up'?
by IPS&IPA
Thu Feb 28, 2019 9:07 pm
Forum: Personal Consumer Issues
Topic: 30 year old water heater, should I be worried?
Replies: 73
Views: 4955

Re: 30 year old water heater, should I be worried?

Criticalmass, I don't know the level of effort that the co-worker put into his water heater maintenance, just reporting one story to provide information to the OP. OP, I'm fascinated by your story of all water heaters mounted in the attic. Don't want too much detail, but a state would educate me a ...
by IPS&IPA
Thu Feb 28, 2019 9:05 pm
Forum: Personal Consumer Issues
Topic: 30 year old water heater, should I be worried?
Replies: 73
Views: 4955

Re: 30 year old water heater, should I be worried?

My home was built in 1989 and still has the original water heater. It is propane and we have well water with a ph a bit above neutral. I have drained it and it seems fine. It sits upstairs with a drip pan but of course would not contain a total failure. Does anyone have any opinions or experiences ...
by IPS&IPA
Thu Feb 28, 2019 8:59 pm
Forum: Personal Investments
Topic: Another Edward Jones defector
Replies: 51
Views: 8636

Re: Another Edward Jones defector

All these posts about EJ got me thinking about my close call with them. Back in mid 2006 I was with Fidelity and wanted to see what the guy down the street had to offer. It was an EJ office, real nice folks. Had I gone with them he would have put the majority of my investments in GE at somewhere aro...
by IPS&IPA
Thu Feb 28, 2019 11:46 am
Forum: Personal Consumer Issues
Topic: 30 year old water heater, should I be worried?
Replies: 73
Views: 4955

Re: 30 year old water heater, should I be worried?

My home was built in 1989 and still has the original water heater. It is propane and we have well water with a ph a bit above neutral. I have drained it and it seems fine. It sits upstairs with a drip pan but of course would not contain a total failure. Does anyone have any opinions or experiences ...
by IPS&IPA
Thu Feb 28, 2019 11:45 am
Forum: Personal Consumer Issues
Topic: 30 year old water heater, should I be worried?
Replies: 73
Views: 4955

Re: 30 year old water heater, should I be worried?

My home was built in 1989 and still has the original water heater. It is propane and we have well water with a ph a bit above neutral. I have drained it and it seems fine. It sits upstairs with a drip pan but of course would not contain a total failure. Does anyone have any opinions or experiences ...
by IPS&IPA
Thu Feb 28, 2019 11:22 am
Forum: Personal Consumer Issues
Topic: 30 year old water heater, should I be worried?
Replies: 73
Views: 4955

Re: 30 year old water heater, should I be worried?

Sounds like you 'are' worrying now, put your mind at ease and change it out. It's overdue imo. A home is like a machine, needs periodic maintenance and replacement of stuff. If done properly you will never know how many catastrophic events you avoided by doing so. But you will have peace of mind :s...
by IPS&IPA
Thu Feb 28, 2019 11:20 am
Forum: Personal Consumer Issues
Topic: 30 year old water heater, should I be worried?
Replies: 73
Views: 4955

Re: 30 year old water heater, should I be worried?

I have a side question on this. I have a 50 gallon gas water heater. If it fails do I have to worry just about the 50 gallons or will it continue to flood my basement when it fails? When a water heater fails it is like a break in a water line, it will just keep flowing until a valve is shut. That's...
by IPS&IPA
Thu Feb 28, 2019 11:18 am
Forum: Personal Consumer Issues
Topic: 30 year old water heater, should I be worried?
Replies: 73
Views: 4955

Re: 30 year old water heater, should I be worried?

Barsoom wrote:
Thu Feb 28, 2019 11:00 am
I think water heaters have gotten a lot more efficient in the last 30 years. Maybe even look into tankless water heaters.

-B
I did set up a gas line in the crawl space when we changed out and relocated the furnace.
Might be time to check into a tankless water heater, thanks.
by IPS&IPA
Thu Feb 28, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: 30 year old water heater, should I be worried?
Replies: 73
Views: 4955

Re: 30 year old water heater, should I be worried?

Have you checked the anode? Have you replaced it? The anode is your 'sacrificial' corrosion item. Basically it rusts so your unit doesn't. I have a gas heater, and after 10 years my anode was nearly gone. My guess is yours is long gone, but you can look. THey are only $20 or so, easy to replace. Wh...
by IPS&IPA
Thu Feb 28, 2019 10:43 am
Forum: Personal Consumer Issues
Topic: 30 year old water heater, should I be worried?
Replies: 73
Views: 4955

30 year old water heater, should I be worried?

My home was built in 1989 and still has the original water heater. It is propane and we have well water with a ph a bit above neutral. I have drained it and it seems fine. It sits upstairs with a drip pan but of course would not contain a total failure. Does anyone have any opinions or experiences w...
by IPS&IPA
Wed Feb 27, 2019 11:13 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1160
Views: 130276

Re: What frugal thing did you do today?

removed my ingrown toenail by myself
by IPS&IPA
Wed Feb 27, 2019 11:04 pm
Forum: Personal Consumer Issues
Topic: Things to do in and around San Diego
Replies: 33
Views: 1946

Re: Things to do in and around San Diego

Planning on a family trip to San Diego around the end of July. Will probably be there for about a week. Any recommendations for activities for a family with two youngish kids (10 and 5)? Will probably rent a car and visit around the area, so open to places within 2-3 hour drive. Thanks in advance! ...
by IPS&IPA
Wed Feb 27, 2019 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax - Foreign Tax paid question
Replies: 6
Views: 695

Re: Turbo Tax - Foreign Tax paid question

Try looking at this prior post for more info.
viewtopic.php?f=2&t=260370
by IPS&IPA
Sun Feb 24, 2019 3:07 pm
Forum: Personal Consumer Issues
Topic: How many minutes to change the bed sheets?
Replies: 31
Views: 2933

Re: How many minutes to change the bed sheets?

RickBoglehead wrote:
Sun Feb 24, 2019 7:36 am
I have better things to do than stand there with a stopwatch and time my wife doing this. :twisted:
I have better things to do than read these posts, but here I am, still reading.
Hope the weather warms up soon.
by IPS&IPA
Wed Feb 20, 2019 10:13 pm
Forum: Personal Consumer Issues
Topic: Some water ok in crawlspace?
Replies: 21
Views: 2007

Re: Some water ok in crawlspace?

I used to live in a house in Northern Ca. that flooded every winter, I mean totally flooded so that you couldn't even go under at least 4 months of the year. Never had any mold problems above floor, I think it had to do with the fact we had a mostly dry climate. I've been in places with mold and I b...
by IPS&IPA
Wed Feb 20, 2019 4:35 pm
Forum: Personal Investments
Topic: Getting into investing and what stocks to buy
Replies: 61
Views: 3664

Re: Getting into investing and what stocks to buy

Good news, you've come to the wrong place! :sharebeer :D Go to MSNBS, Yahoo Finance, Jim Cramer and read and believe everything. Invest according. Come back in 3 years and find out how it should be done. Good luck! Was that for me? I am not the OP. No, not at all. It was tongue in cheek to the OP, ...
by IPS&IPA
Wed Feb 20, 2019 3:18 pm
Forum: Personal Investments
Topic: Getting into investing and what stocks to buy
Replies: 61
Views: 3664

Re: Getting into investing and what stocks to buy

ved wrote:
Wed Feb 20, 2019 2:51 pm
DanEmmy wrote:
Wed Feb 20, 2019 2:41 pm
Good news, you've come to the wrong place!
:sharebeer
:D
Go to MSNBS, Yahoo Finance, Jim Cramer and read and believe everything.
Invest according.
Come back in 3 years and find out how it should be done.
Good luck!
by IPS&IPA
Tue Feb 19, 2019 12:02 am
Forum: Personal Investments
Topic: strategy to re-enter the market
Replies: 47
Views: 4611

Re: strategy to re-enter the market

I've been "in the market" since I started full-time employment in 1973. Non-stop. OP needs to define an AA (stock percentage) that he can live with week after week no matter what happens... That's when I also started full time employment, tho I exited in 2012. I didn't start investing until the mid...
by IPS&IPA
Mon Feb 18, 2019 9:59 pm
Forum: Personal Consumer Issues
Topic: Why Google isn't your friend when shopping ....
Replies: 12
Views: 2548

Re: Why Google isn't your friend when shopping ....

My son gave me a new term which I really like.
Instead of saying 'Google it' he says 'search it up'.
I happen to like duckduckgo myself.
by IPS&IPA
Mon Feb 18, 2019 9:35 pm
Forum: US Chapters
Topic: How many bogleheads do you know in real life?
Replies: 130
Views: 10495

Re: How many bogleheads do you know in real life?

most of my friends are deadheads, don't know if they are also BH's.
by IPS&IPA
Sat Feb 16, 2019 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Life As A Negative Asset
Replies: 30
Views: 2757

Re: Life As A Negative Asset

The value of ones life, be it a positive or a negative based on net asset value misses the entire point of life.
The value added to others, family, friends, society are huge so by looking solely at ones life and their own net worth is a narcissist view IMO.
by IPS&IPA
Sat Feb 16, 2019 5:40 pm
Forum: Personal Investments
Topic: Muni Bonds for large part of Bond allocation smart?
Replies: 32
Views: 3866

Re: Muni Bonds for large part of Bond allocation smart?

My point is that having stocks in the Roth is an excellent choice as they will have the most bang for the tax free buck. I agree, but I don't think that is what the poster's question was about. Muni bonds have no place in a tax advantaged account. I agree with that too. Taxable bonds do but not a f...
by IPS&IPA
Sat Feb 16, 2019 4:42 pm
Forum: Personal Investments
Topic: Muni Bonds for large part of Bond allocation smart?
Replies: 32
Views: 3866

Re: Muni Bonds for large part of Bond allocation smart?

I think you are paying too much attention to the yield on the bonds and not enough attention to what happens with your stocks - your highest yielding assets in the long run. Our stocks are 40% US and 10% international and all located in our 401k/Roth. Our 401k/Roth also have some bonds in them to g...
by IPS&IPA
Sat Feb 16, 2019 1:04 pm
Forum: Investing - Theory, News & General
Topic: First Vanguard Tax Form Available (and a tip)
Replies: 14
Views: 2097

Re: First Vanguard Tax Form Available (and a tip)

I talked to my Vanguard advisor yesterday and he said the tax forms should be mid to end of next week.
He seemed to be fairly low key about it but if someone is trying to wrap things up, maybe taking a long trip like me, it is important.
by IPS&IPA
Sat Feb 16, 2019 12:34 pm
Forum: Personal Investments
Topic: Muni Bonds for large part of Bond allocation smart?
Replies: 32
Views: 3866

Re: Muni Bonds for large part of Bond allocation smart?

I think you are paying too much attention to the yield on the bonds and not enough attention to what happens with your stocks - your highest yielding assets in the long run. Our stocks are 40% US and 10% international and all located in our 401k/Roth. Our 401k/Roth also have some bonds in them to g...
by IPS&IPA
Sat Feb 16, 2019 10:57 am
Forum: Personal Investments
Topic: Am I trying to time the market?
Replies: 20
Views: 1169

Re: Am I trying to time the market?

... the more I hear that we are headed for a recession or that the market is due for a correction. I was going to wait until we have a significant dip in the market before investing the 150k. My though is that I would get getting more value for my dollar knowing I'm going to hold the fund for at le...
by IPS&IPA
Thu Feb 14, 2019 10:52 pm
Forum: Personal Consumer Issues
Topic: High Mileage Car
Replies: 24
Views: 2760

Re: High Mileage Car

I have a high mileage car that needed a catalytic converter and tires. A Toyota Highlander w/196k miles. I did the work because it runs great but I also have reduced the use of it to a 'dogs to the beach' car and home depot material runner. Our son used it for a couple of years and pretty much trash...
by IPS&IPA
Thu Feb 14, 2019 3:24 pm
Forum: Personal Investments
Topic: Missed the Boat!!
Replies: 47
Views: 6535

Re: Missed the Boat!!

hi greg24, Yes 60% in different forms of equities, either index, retirement date funds or capital appreciation funds. I thank you for your suggestion. pnagar If 60% of your portfolio is in equities that is a good mix. Best to follow the advice of others, have an IPS and find your AA and adjust to t...
by IPS&IPA
Thu Feb 14, 2019 10:35 am
Forum: Personal Investments
Topic: Is this idea irrational?
Replies: 23
Views: 1385

Re: Is this idea irrational?

Absolutely you should see about a 5% average return over the long haul. The key is the 'long haul' and one way to screw it up is to market time. Believe me, I know from personal experience that it will not work to lock in a gain and think you can beat the market. The 'stay the course' path is easier...
by IPS&IPA
Wed Jan 16, 2019 10:08 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 58162

Re: John Bogle has died at age 89

LadyGeek wrote:
Wed Jan 16, 2019 9:59 pm
FYI - I modified the thread title.
Thank you Lady Geek, much more respectable.
by IPS&IPA
Wed Jan 16, 2019 6:50 pm
Forum: Personal Consumer Issues
Topic: finding a good plumber
Replies: 19
Views: 1440

Re: finding a good plumber

If you live in a high demand area like I do then you might have to wait for a recession.
I find the only 'good' tradesman are all busy and not taking on any new work or clients.
by IPS&IPA
Wed Jan 16, 2019 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Have I Now Become Out of Touch Financially? Aging question...
Replies: 90
Views: 11825

Re: Have I Now Become Out of Touch Financially? Aging question...

I too have seen the price increases, standard of living, etc. here in San Diego. $9 for a very good loaf of sourdough bread, average of $75 for a dinner out, the list goes on and on. Our 60+ year old 1600 sq.ft. house 6 blocks to the beach has a zillow value of 1.3m. I call it the 'incredible shrink...
by IPS&IPA
Wed Jan 16, 2019 5:26 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 58162

Re: John Bogle is dead at 89

Sorry to hear of his passing.
Reminds me to remember it's not what we gain but what we give that matters.
You will be missed sir.
Rest in peace.
by IPS&IPA
Wed Jan 16, 2019 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 694
Views: 72191

Re: Why are your NOT buying rental properties?

I used to have a couple of rentals. I was working a lot and I didn't mind it one bit. I'm real handy and enjoy projects. However I did have a few bad apples and when I retired I decided I was done. I did not mind dealing with the tenants but the aging infrastructure was starting to add up. Most of t...
by IPS&IPA
Thu Dec 20, 2018 6:56 pm
Forum: Personal Investments
Topic: seeking opinions about a Roth conversion
Replies: 2
Views: 382

seeking opinions about a Roth conversion

I have been considering doing some converting from a traditional IRA to a Roth for a while. Our situation is as follows: We live below our means and plan to self fund any long term care through a Roth IRA if we go this route. Both my DW and I are retired, early 60's getting by on her pension and w/d...
by IPS&IPA
Thu Dec 06, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12414
Views: 2147066

Re: U.S. stocks in freefall

I've always enjoyed the steep drops on a rollercoaster the best!